TUESDAY, 11:04am: The move is official, the Cavs announced.
MONDAY, 11:18pm: Mike Miller has opted into his $2.8MM contract with the Cavaliers for next season, a league source told RealGM’s Shams Charania (Twitter link). Miller indicated as far back as February that he intended to exercise his player option despite diminished playing time.
The 15-year veteran Miller averaged 2.1 points and 13.5 minutes while playing 52 games last season. He appeared in nine postseason games during the Cavs’ run to the NBA Finals, averaging 1.0 points and 7.2 minutes. Miller averaged 7.1 points with the Grizzlies in 2013-14.
It’s doubtful Miller’s playing time will spike upward next season but he obviously is in no hurry to retire. For his career, Miller is an 11.3 points per game scorer, having played for six organizations.